According to a set of real-time data released by the Kiev School of Economics, some 200 foreign companies have so far withdrawn from the Russian market as a result of the sanctions imposed on Russia in connection with the Ukraine crisis, but these companies account for less than 10 percent of foreign companies in Russia, Russia Today (RT) reported on 16 June.

　　The Kiev School of Economics conducted a survey of 3,157 foreign companies operating in the Russian market prior to the outbreak of the Ukraine crisis. The data showed that only 213 companies, or around 6.7%, had divested in the past year as a result of the sanctions imposed on Russia.

　　The results of the survey show that a further 473 companies have announced their readiness to leave but have so far not materialised, and more than 2,400 companies continue to operate in Russia.

　　Despite the fact that some foreign companies have withdrawn from the Russian market, the Russian side remains optimistic about the future economic outlook. Russian President Vladimir Putin recently stated that the divestment of foreign companies had left behind "good resources" and that Russian companies and entrepreneurs were taking up these legacy resources and continuing their work "successfully".

　　Russia is said to be actively redirecting imports and exports from "unfriendly" countries and companies to new markets, and introducing import substitution mechanisms to help keep the domestic market well stocked.

　　According to RT, the Russian government has also recently approved several deals to bring some popular products, or products similar to them, back into the country's market.

　　This comes after the US launched a new round of anti-Russian sanctions, imposing further sanctions on dozens of Russian individuals and legal entities. The EU is now mulling an 11th round of sanctions against Russia, which will focus on measures taken by Russia to circumvent existing sanctions. The Russian side has said that the impact of the sanctions on Russia will not be serious, but rather that the backlash against the US and the EU will be much higher than expected.